RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of July 4, 2012 No. 215

About approval of Rules of implementation by the organization specializing in improvement of quality of credit portfolios of banks of the second level, assessment and acquisition of doubtful and bad assets, and also Requirements to the acquired (acquired) it doubtful and bad assets

For the purpose of enhancement of regulatory legal acts of the Republic of Kazakhstan the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve:

1) Rules of implementation by the organization specializing in improvement of quality of credit portfolios of banks of the second level, assessment and acquisition of doubtful and bad assets according to appendix 1 to this resolution;

2) Requirements to the acquired (acquired) doubtful and bad assets according to appendix 2 to this resolution.

2. Declare invalid the resolution of Board of National Bank of the Republic of Kazakhstan of February 24, 2012 No. 46 "About approval of Rules of implementation by the organization specializing in improvement of quality of credit portfolios of banks of the second level, some types of activity, and also requirements to the acquired (acquired) it doubtful and bad assets" (registered in the Register of state registration of regulatory legal acts at No. 7571, published on June 12, 2012 in the Kazakhstanskaya Pravda newspaper No. 181-182 (27000-27001)).

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